Editor's PiCK
US Bitcoin Spot ETF Records Net Inflow for 5 Consecutive Trading Days… Amounting to $248.39 Million
Doohyun Hwang
Summary
- The US Bitcoin spot ETF reported a total net inflow of $248.39 million over 5 consecutive trading days.
- Only BlackRock's IBIT recorded a net inflow among the ETFs, while others experienced net outflows.
- Bitcoin reversed into a downtrend after surpassing the $109,000 mark and is currently trading at around $102,400.
The US Bitcoin (BTC) spot ETF has recorded a net inflow for 5 consecutive trading days.
According to TraderT's data on the 22nd (local time), a total of $248.39 million has flowed into the Bitcoin spot ETFs traded in the US.
However, when broken down by ETF, only BlackRock's IBIT recorded a net inflow of $344.01 million. Bitwise's BITB (-$34.67 million), Ark Invest's ARKB ($13.02 million), and Grayscale's GBTC (-$47.93 million) all experienced net outflows.
Meanwhile, Bitcoin surpassed the $109,000 mark, reaching a new high before reversing into a downtrend. Currently, Bitcoin is trading at around $102,400 on the Binance Tether (USDT) market, down approximately 3% from the previous day.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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